secwatch.observer — SEC 8-K summary
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Issuer:     ALBANY INTERNATIONAL CORP /DE/ (AIN)
CIK:        0000819793
Form:       8-K
Filed at:   2025-05-19T23:59:59+00:00
Accession:  0001628280-25-026528
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Albany International CFO Robert Starr resigns; JC Chetnani named interim CFO
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- CFO Robert Starr resigned effective May 23, 2025; receives $250K separation pay plus COBRA.
- Departure is unrelated to any accounting or disclosure disagreements.
- Jairaj Chetnani appointed interim CFO and interim Principal Accounting Officer effective May 23.
- Chetnani's interim base salary set at $471K/year; short-term target $119,360; retention RSUs of $75K each.
- Company has begun a formal search for a permanent CFO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/819793/000162828025026528/0001628280-25-026528-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/819793/000162828025026528/ain-20250519.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-026528

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